The Fair Share Report

2 Roxy Ct

Howell, NJ 07727

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $1,197,784

Likely range $1,107,299 – $1,488,897, from 12 comparable Howell sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.01%

The state's official measure of how far Howell assessments sit below market value — republished every October, applied town-wide. A $1,197,784 home should be assessed near $1,161,970.

Step 3 · Assessed value

$1,282,900

Set at the last town-wide revaluation and mostly frozen since. That's $120,930 above what the ratio math suggests (10.4%).

Step 4 · The tax rate — same for every Howell home

$1.659 per $100 assessed

$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%

This home's own bill implies $1.479 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$18,976/yr
Public schools$12,822
Monmouth County$2,494
Town of Howell$3,660
Howell average$9,883

This home vs. every recent Howell sale · assessed ÷ market

Town median 99.4%
This home · 107.1%

81%121%

Paying about right

This home's ratio lands inside Howell's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
3 JORDAN COURT2025-06$1,230,0004,29896.7%
1 BRIDGEWATER WAY2025-01$1,075,0004,372100.4%
11 BRIAN CT2026-03$1,600,0004,38676.1%
12 COURTNEY CT.2025-04$1,600,0004,52299.5%
61 LIONS COURT2026-06$1,199,0003,74194.5%
208 AMBIANCE BOULEVARD2026-01$1,050,0003,448105.1%
28 COURTNEY COURT2025-03$1,292,0004,60999.9%
110 LIONS COURT2025-03$1,100,0003,836100.0%
2 TIFFANY CT2026-05$1,500,0004,33576.8%
500 WEST FARMS ROAD2026-04$930,0003,32289.8%
16 STREAM BANK DR.2026-04$1,187,5003,616108.2%
16 STREAM BANK DR.2025-03$850,0003,616151.2%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →